Case Study: The Guardian Achieves Greater Accounts Receivable Efficiency with Corcentric

The Guardian saves 3+ days a month with Corcentric

The Guardian, a leading news organization, was facing significant inefficiencies in its accounts receivable process. Their team spent hours each day manually printing, checking, and posting paper invoices, a costly and labor-intensive process that hindered their credit control efforts. To address this and meet growing customer demand for e-billing, they sought an electronic invoicing provider and partnered with Corcentric for its e-invoicing solution.

Corcentric implemented its EDI invoicing solution, tailored to the nuances of the news and media industry. This integration automated the invoicing process for major clients and maintained critical EDI connections with other partners. As a result, Corcentric helped The Guardian save 3-5 days per month in efficiency, substantially reduce costs, and achieve a dramatic reduction in DSO. The partnership also successfully migrated 60-70% of their suppliers to electronic invoicing.

The Guardian